USDA National Dairy Products Sales Report - 31 May 2012

Butter prices received for 25 kilogram and 68 pound boxes meeting United States Department of
Agriculture (USDA) Grade AA standards averaged $1.35 per pound for the week ending May 26, 2012.
The United States (US) price per pound increased 1.0 cent from the previous week.

Cheddar Cheese prices received for US 40 pound blocks averaged $1.52 per pound for the week
ending May 26, 2012. The price per pound decreased 0.6 cents from the previous week. The price for
US 500 pound barrels adjusted to 38 percent moisture averaged $1.49 per pound, up 0.5 cents from the
previous week.

Dry Whey prices received for bag, tote, and tanker sales meeting USDA Extra Grade standards
averaged 52.4 cents per pound for the week ending May 26, 2012. The US price per pound decreased
1.8 cents from the previous week.

Nonfat Dry Milk prices received for bag, tote, and tanker sales meeting USDA Extra Grade or United
States Public Health Service (USPHS) Grade A standards averaged $1.13 per pound for the week
ending May 26, 2012. The US price per pound decreased 1.3 cents from the previous week.